In its June 2020 quarterly activities report, Blue Energy said it supports the NCCC final report recommendations that the Federal Government underwrite gas supply contracts and gas pipeline infrastructure.
The company says it is working with APA, Arrow Energy, the Federal Government, the Queensland State Government, Federal and State politicians and the NCCC to ensure its Moranbah-Gladstone/Wallumbilla pipeline gains acceptance.
Blue Energy said the pipeline is critical energy infrastructure that is vital to the manufacturing sector and economic recovery, as well as being a key project in the facilitation of the 15,000 PJ Bowen Basin gas province’s development.
“The need for the connecting pipeline infrastructure from Moranbah to Gladstone/Wallumbilla to unlock this resource is vital, as it will provide a nation building, near-term infrastructure project creating construction jobs, and jobs in developing the Bowen gas fields, plus the gas supply to preserve and grow both local manufacturing and manufacturing jobs up and down the east coast,” said the report.
Blue Energy also quoted a recently released Australian Energy Market Operator (AEMO) Integrated System Plan 2020, stating it further amplified the critical need for more gas supply.
“Gas supplies are already tightening in Australia, with southern supply from existing and committed gas developments forecast to reduce by more than 35 per cent over the next five years,” said AEMO.
Blue Energy said it envisions there will be announcements forthcoming from the Prime Minister’s office that align with this gas infrastructure and gas supply for the east coast, so that “reliable long term gas supply is available for manufacturing to give certainty to manufacturers to plan for long overdue plant upgrades”.
For more information visit the Blue Energy website.
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